Connection

popular articles

Electric vehicle sales soar in China
Norway and the USA: pillars of European gas supply
Areva: Strategic stakes of Uramin takeover re-examined
Technip Energies: Order Growth and 2024 Objectives Confirmed
Wind power: Vinci and Siemens win €2.9 billion contract

AES acquires Community Energy Solar LLC

Please share:

American energy producer and distributor AES announces the acquisition of Community Energy Solar LLC, one of the pioneers and major players insolar energy in the United States.

AES adds 10 GW to its energy portfolio

This operation adds 10 GW to the AES portfolio, bringing its total pipeline in the US to 40 GW.

According to Brent Beerly, CEO of Community Energy, this union of the two companies is the result of 20 years of collaboration between the two entities to achieve carbon neutrality.

“Faced with the urgency of the climate crisis and the need for a 10-fold increase in solar power […]we decided it was time to amplify our impact by joining forces […] AES is the ideal partner,” says.
Brent Beerley, CEO of Community Energy.

AES was founded in 1981 and is listed on the Fortune 500 list of the world’s largest companies.
The company currently supplies 4 GW ofrenewable energy in the United States.

Register free of charge for uninterrupted access.

Publicite

Latest news

France: The retail sector opposes mandatory photovoltaic canopies
Orano temporarily suspends uranium extraction activities in Niger
Al Gore denounces the role of petro-states in organizing COPs
China-Africa: Strengthened Sustainable Energy Partnership at Nairobi Summit
The Controversial Role of Fossil Fuels at COP29: A Transition or Lobbying Issue?

Recently published in

Schneider Electric: Olivier Blum leads from Dubai to boost emerging markets

The new CEO of Schneider Electric, Olivier Blum, moves to Dubai to oversee growth in India and the Middle East, strategic regions for the company's energy and digital transition efforts.
TotalEnergies: at COP29, Patrick Pouyanné advocates progress “step by step”
At COP29, TotalEnergies CEO Patrick Pouyanné defended the oil industry's commitment to reducing methane emissions, emphasizing the importance of gradual progress in addressing the climate crisis.
en_1140455540
TotalEnergies: at COP29, Patrick Pouyanné advocates progress “step by step”
At COP29, TotalEnergies CEO Patrick Pouyanné defended the oil industry's commitment to reducing methane emissions, emphasizing the importance of gradual progress in addressing the climate crisis.
en_1140455540
Vallourec: stable net income despite declining sales in Q3 2024
The French industrial giant Vallourec reported a slight drop in net income to €73 million in Q3 2024. This stability is attributed to its premiumization strategy and strong margins despite challenging market conditions.
en_1140466540
Vallourec: stable net income despite declining sales in Q3 2024
The French industrial giant Vallourec reported a slight drop in net income to €73 million in Q3 2024. This stability is attributed to its premiumization strategy and strong margins despite challenging market conditions.
en_1140466540
Nexans sets ambitious financial goals driven by electrification
Nexans aims for increased financial performance by 2028, supported by significant investments in global electrification and a strategy focused on energy transition and recycling.
en_1140439540
Nexans sets ambitious financial goals driven by electrification
Nexans aims for increased financial performance by 2028, supported by significant investments in global electrification and a strategy focused on energy transition and recycling.
en_1140439540

Masdar and KESH join forces to transform Albania’s energy strategy

Masdar and KESH sign a strategic partnership to develop large-scale renewable energy projects, positioning Albania as a key player in the European energy market.
Orlen invests $850 million to modernize Poland’s energy network
Polish energy giant Orlen partners with the European Investment Bank to modernize its energy distribution network, aiming to integrate renewable solutions and strengthen operational efficiency.
en_1140386540
Orlen invests $850 million to modernize Poland’s energy network
Polish energy giant Orlen partners with the European Investment Bank to modernize its energy distribution network, aiming to integrate renewable solutions and strengthen operational efficiency.
en_1140386540
The EIP fund increases its share to 10% in Plenitude, Eni’s green division
The Energy Infrastructure Partners (EIP) fund strengthens its investment in Plenitude, Eni's renewable energy subsidiary, valued at over 10 billion euros, to support its strategic growth.
en_1140365540
The EIP fund increases its share to 10% in Plenitude, Eni’s green division
The Energy Infrastructure Partners (EIP) fund strengthens its investment in Plenitude, Eni's renewable energy subsidiary, valued at over 10 billion euros, to support its strategic growth.
en_1140365540
Halliburton faces profit drop in North America in the third quarter
In the third quarter, Halliburton reports a 20% drop in net profit, mainly impacted by a cyberattack and slowing demand in North America, its key market.
en_1140371540
Halliburton faces profit drop in North America in the third quarter
In the third quarter, Halliburton reports a 20% drop in net profit, mainly impacted by a cyberattack and slowing demand in North America, its key market.
en_1140371540

Results Down for Energias de Portugal Despite the “Renewables” Bet

Energias de Portugal (EDP) posts a 37% drop in profits for the third quarter of 2024. The Portuguese group nevertheless continues its investments in renewable energies to support its energy transition.
Enel reports a profit of 5.9 billion euros despite falling energy prices
The Italian energy giant Enel announces a 38% increase in net profit over nine months, reaching 5.9 billion euros, despite a context of falling electricity prices.
en_1140341540
Enel reports a profit of 5.9 billion euros despite falling energy prices
The Italian energy giant Enel announces a 38% increase in net profit over nine months, reaching 5.9 billion euros, despite a context of falling electricity prices.
en_1140341540
Nexans creates Lynxeo, a dedicated entity for its industrial cables
Cable manufacturer Nexans announces the creation of Lynxeo, a distinct entity for its industrial cable business, aiming for greater clarity and market visibility.
en_1140360540
Nexans creates Lynxeo, a dedicated entity for its industrial cables
Cable manufacturer Nexans announces the creation of Lynxeo, a distinct entity for its industrial cable business, aiming for greater clarity and market visibility.
en_1140360540
The world’s largest battery manufacturers unite for a sustainable supply chain
The Global Battery Alliance reveals the results of a collaborative project involving the world’s largest battery manufacturers to harmonize transparency and sustainability in the battery supply chain.
en_1140347540
The world’s largest battery manufacturers unite for a sustainable supply chain
The Global Battery Alliance reveals the results of a collaborative project involving the world’s largest battery manufacturers to harmonize transparency and sustainability in the battery supply chain.
en_1140347540

Engie targets the top of its 2024 forecasts after strong quarterly performance

Engie targets the top of its 2024 forecasts after strong quarterly performance
Akastor strengthens its stake in AKOFS Offshore by acquiring Mitsui’s shares
Akastor ASA acquires Mitsui's shares in AKOFS Offshore for USD 22.5 million, increasing its stake to 75% and consolidating its position in the subsea intervention sector.
en_1140303540
Akastor strengthens its stake in AKOFS Offshore by acquiring Mitsui’s shares
Akastor ASA acquires Mitsui's shares in AKOFS Offshore for USD 22.5 million, increasing its stake to 75% and consolidating its position in the subsea intervention sector.
en_1140303540
Uniper repays 530 million euros to the German state, marking the start of public disinvestment
Struggling in 2022, German energy company Uniper initiates a 530 million euro repayment to the German state. This payment represents a significant step toward reducing public influence within the company.
en_1140259540
Uniper repays 530 million euros to the German state, marking the start of public disinvestment
Struggling in 2022, German energy company Uniper initiates a 530 million euro repayment to the German state. This payment represents a significant step toward reducing public influence within the company.
en_1140259540
Refining Margins Decline: ExxonMobil and Chevron Focus on Shareholders
ExxonMobil and Chevron’s quarterly results reveal pressure on refining margins, partially offset by increased volumes and significant shareholder support.
en_1140219540
Refining Margins Decline: ExxonMobil and Chevron Focus on Shareholders
ExxonMobil and Chevron’s quarterly results reveal pressure on refining margins, partially offset by increased volumes and significant shareholder support.
en_1140219540

ADNOC integrates autonomous AI to optimize energy operations

ADNOC, the national oil company of the United Arab Emirates, deploys autonomous artificial intelligence to optimize operations, reduce costs, and enhance energy efficiency.
TotalEnergies: Global Oil Demand to Peak Post-2030, Diverging from BP’s Forecast
TotalEnergies projects a peak in global oil demand after 2030, influenced by population growth and infrastructure shortfalls, contrasting with BP's earlier forecast.
en_1140240540
TotalEnergies: Global Oil Demand to Peak Post-2030, Diverging from BP’s Forecast
TotalEnergies projects a peak in global oil demand after 2030, influenced by population growth and infrastructure shortfalls, contrasting with BP's earlier forecast.
en_1140240540
Dangote blames weak control on low-quality fuel imports undermining refinery sales
Dangote denounces the import of low-quality fuel undermining the growth of his refinery in Nigeria. The lack of control infrastructure hampers the enforcement of the country’s new fuel standards.
en_1140249540
Dangote blames weak control on low-quality fuel imports undermining refinery sales
Dangote denounces the import of low-quality fuel undermining the growth of his refinery in Nigeria. The lack of control infrastructure hampers the enforcement of the country’s new fuel standards.
en_1140249540
Schneider Electric: departure of CEO Peter Herweck after strategic disagreements
Schneider Electric announced the sudden departure of its CEO Peter Herweck, who had been in office since May 2023, due to disagreements over the company’s strategy. Olivier Blum takes over immediately.
en_1140251540
Schneider Electric: departure of CEO Peter Herweck after strategic disagreements
Schneider Electric announced the sudden departure of its CEO Peter Herweck, who had been in office since May 2023, due to disagreements over the company’s strategy. Olivier Blum takes over immediately.
en_1140251540

Volvo Cars to Buy Northvolt’s Stake in Their Novo Energy Joint Venture

Faced with Northvolt’s financial difficulties, Volvo Cars is buying out its partner’s stake in the Novo Energy joint venture, initially created to produce batteries for electric vehicles. Volvo is now seeking a new partner.
Nexans confirms its forecasts and announces new strategy for November
Nexans, the French specialist in industrial cables, confirms its financial outlook for 2024, with a strategic announcement scheduled for November 13 to outline its future and priorities in the energy sector.
en_1140209540
Nexans confirms its forecasts and announces new strategy for November
Nexans, the French specialist in industrial cables, confirms its financial outlook for 2024, with a strategic announcement scheduled for November 13 to outline its future and priorities in the energy sector.
en_1140209540
Schneider Electric reports record revenue in Q3 thanks to energy transition
Schneider Electric reached revenue of 9.3 billion euros in the third quarter of 2024, a 5.9% increase, driven by energy management and digitalization solutions.
en_1140205540
Schneider Electric reports record revenue in Q3 thanks to energy transition
Schneider Electric reached revenue of 9.3 billion euros in the third quarter of 2024, a 5.9% increase, driven by energy management and digitalization solutions.
en_1140205540
JERA records a 52% drop in its semi-annual profit
Japanese electricity giant JERA reports a 52% decrease in its net semi-annual profit, marked by delayed adjustments in fuel prices and losses in the U.S. market. Analysis of the challenges and strategies to stabilize its performance.
en_1140176540
JERA records a 52% drop in its semi-annual profit
Japanese electricity giant JERA reports a 52% decrease in its net semi-annual profit, marked by delayed adjustments in fuel prices and losses in the U.S. market. Analysis of the challenges and strategies to stabilize its performance.
en_1140176540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS